The Business of Watches Podcast: Collective Horology CEO Asher Rapkin And Liberty Justice Center Chairman And CEO Sara Albrecht On Suing Trump Over Tariffs
Skip to Main Content [enter]The Business of Watches PodcastCollective Horology CEO Asher Rapkin And Liberty Justice Center Chairman And CEO Sara Albrecht On Suing Trump Over TariffsWhy the independent. . .
Skip to Main Content [enter]The Business of Watches PodcastCollective Horology CEO Asher Rapkin And Liberty Justice Center Chairman And CEO Sara Albrecht On Suing Trump Over TariffsWhy the independent retailer chose to sue the President and how the Liberty Justice Center drove the Supreme Court to rule Trump's initial tariffs illegal. This week onThe Business of Watches,Collective Horology co-founder and Chief Executive Asher Rapkin joins us. He brought his lawyer. While Collective is a Ventura, California-based retailer of independent watch brands, including Armin Strom, Czapek, Fears, Ming and J. N. Shapiro, Sara Albrecht is the chairman and CEO of The Liberty Justice Center. That's the non-profit litigation firm that led the legal fight successfully challenging President Trump's initial round of tariffs all the way to the Supreme Court of the United States. They won in a surprise decision that ruled the President didn't have the authority to impose levies that increased the cost of importing goods into the U. S. , including Swiss-made watches. The government is now in the process of refunding the approximately $166 billion businesses paid out. Asher Rapkin, co-founder and CEO of Collective Horology in Ventura, California. Of course, the Trump administration found a workaround and immediately slapped on new tariffs and, on July 24, initiated levies of 10% and 12. 5% on imported goods, including Swiss-made watches. That's the day that Collective Horology and another importer (dealing in exotic spices), filed a lawsuit against the President and various bodies and individuals in the administration including U. S. Trade Representative Jamieson Greer. Rapkin explains why his business decided to challenge the tariff laws and take on the President and his administration, while Albrecht lays out the legal argument driving their case. It's a matter of significant economic importance for U. S. business and the global watch industry. There's plenty of watch business and strategy to discuss, and we hope you enjoy the conversation. Be sure to leave any thoughts or questions in the comments section, and we'll do our best to respond. Want to subscribe so you never miss an episode? This show is being published to the original Hodinkee Podcasts feed, so you can subscribe wherever you find your podcasts, includingApple Podcasts,Spotify, orTuneIn. Programming note: we'll be off for the next couple of weeks for the annual watchmaker's holiday, but we'll be back on August 26 with a new episode. Read this Next